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Print Print edition: 2026-06-20

Aurangzeb to wind up budget speech today

Published Updated

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb is set to present expenditures amounting to Rs40.742 trillion, charged to the Federal Consolidated Fund, in the National Assembly today (Saturday), after his winding-up speech on the Budget 2026–27.

According to the order of the day, the minister will also present the recommendations made by Senate during his winding-up speech on federal budget 2026–27.

The minister will also present the Rs40.742 trillion expenditures charged upon the Federal Consolidated Fund, included in the demands for grants and appropriations for the financial year ending June 30, 2027, before the house for discussion.

The breakdown includes Rs6.983 trillion for servicing of domestic debt – Rs25.992 trillion for repayment of domestic debt, Rs1.071 trillion for servicing of foreign debt, Rs5.836 trillion for repayment of foreign loans, and Rs5 million for Pakistan Post Office Department.

Other allocations include Rs6.936 billion for superannuation allowances and pensions – Rs57 billion for grants, subsidies and miscellaneous expenditure, Rs500 million for foreign missions, Rs539.407 million for the Law and Justice Division, Rs7.969 billion for the National Assembly, and Rs6.453 billion for the Senate.

The breakdown also includes Rs607.309 billion for external development loans and advances by the federal government, Rs963.799 million for staff household and allowances of the President (public), Rs1.837 billion for staff household and allowances of the President (personal), and Rs130.292 billion for repayment of short-term foreign credits.

Additional allocations include Rs9.820 billion for audit, Rs7.441 billion for the Supreme Court, Rs6.048 billion for the Federal Constitutional Court of Pakistan, Rs2.367 billion for the Islamabad High Court, and Rs10.578 billion for election-related expenditure.

Further allocations include Rs258.541 million for the Federal Ombudsman Secretariat for Protection against Harassment of Women at the Workplace, Rs2.124 billion for the Wafaqi Mohtasib, and Rs645.572 million for the Federal Tax Ombudsman.

Copyright Business Recorder, 2026

Comments

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KU Jun 20, 2026 11:33am
It's just another budget with pomp n circumstances. Why are we so blind to rising unemployment/poverty n deindustrialisation due to rising Mfg-costs? Is tax/levy/loans n relief answer to these woes?
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Sheikh Aftab Ahmad Jun 20, 2026 12:14pm
“Rs5.836 trillion for repayment of foreign loans, and Rs5 million for Pakistan Post Office Department.” Clearly portrays importance of Pakistan Post Office !!! Long live our bureaucracy !!!
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